News about Singapore

PETALING JAYA (April 11): Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.

KUALA LUMPUR (April 2): Kota Kinabalu-based property developer Borneo Estate Development Sdn Bhd is planning a RM4.

PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.

PETALING JAYA (March 22): Despite the slowdown in the property market, demand for Asia Pacific’s office space increased by 33% in 2015 compared with 2014, said JLL’s head of research of Asia Pacific capital markets Megan Walters.

STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — became a property developer when its founder and CEO Lim Seak Koon decided to experience property development “from the other side”.

Ching Chiat Kwong, a former policeman-turned-serial entrepreneur and property developer, is used to taking risks.

Gamuda Bhd (March 10, RM4.

GEORGE TOWN (Feb 24): Penang Island City Council (MBPP) today reiterated that it had no records to show that a building demolished on the Runnymede property in George Town was the home of Singapore founder Sir Thomas Stamford Raffles.

KUALA LUMPUR (Feb 17): Sime Darby Bhd is planning to sell some RM2 billion worth of real-estate assets in Australia and Singapore as it battles cash flow issues amid falling palm oil prices, The Wall Street Journal reports.

PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.